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1124 E 1ST AVENUE, Mount Dora, FL, 32757 | $539,000
Under contract-accepting backup offers. UNIQUE OPPORTUNITY TO OWN A TRIPLEX IN THE DESIRABLE AREA OF MOUNT DORA. A HISTORIC AND HIGHLY RATED AIRBNB town with charm and friendly neighbors! The three independent units have been impeccably maintained and move in ready! Unit 1124 and 1126 A have 1 room and 1 bath. Unit 1126 B is a studio. Every unit has an entrance and exit door, full kitchen and full bath. Land has been zoned as a multiple- Family up to 10 Units! Increase your passive income today in all market conditions.
Each unit has its own electricity meter box. The large Shed that can be converted into a mother in law, and/or office space, and/or another Unit with small investment will further increase your cap rate, and/or the indoor entertaining movie theater for your AIRBNB.
The Historic and Charming Mount Dora, known for its rolling hills, canopy oak trees, antique shops, boutiques, diverse dining options, entertainment, and annual festivals. Only 35 minutes to downtown Orlando and all theme parks. 45 minutes to Orlando International Airport. Only an hour to the Beautiful East Coast Beaches! Also, several public boat ramps nearby, boat storage areas and marinas. This area is known for its Beautiful lakes. The Harris Chain of Lakes comprises 8 primary lakes, known for sailing, boating, water-skiing, but it’s best known for it’s world class bass fishing. Near to a 35 acre recreation park with a dog park, disc golf, hiking, and mountain bike trails. Call today for a private tour! Bring in all offers. This is the best MULTI-FAMILY property you will find on the market!
Beds Total: 2 Baths Total: 3
Units # Beds # Baths Expected Rent
Type: 1 Bed/1 Bath 1 1 $1, 400 750
Desc: Carport or driveway space
Type: 1 Bed/1 Bath 1 1 $1, 400 750
Desc: Carport or driveway Space
Type: Studio 0 1 $1000 500
Desc: Carport or driveway space Open Parking space
Features
- Bedrooms: 2
- Units: 3
- Lot Size: 97 x 125
- Laundry: Common Area
- Year Built: 1951
- Garage: Driveway
- Heating: Electric
- Cooling: Central Air, Wall/Window Unit(s)
- Approx Sq. Feet: 2,013
- Acreage: 0.28
- Lot Size: 97 x 125
- Est. Taxes: $2,278
- Elem. School: Round Lake Elem
- Middle School: Mount Dora Middle
- High School: Mount Dora High
- Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
- MLS#: O6288491
- Days on Market: 8 days
- Website: https://www.raveis.com
/prop/O6288491/1124e1stavenue_mountdora_fl?source=qrflyer
Listing courtesy of A2Z REALTY GROUP Phone: 407-401-8822
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1124 E 1ST AVENUE, Mount Dora, FL, 32757
$539,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $431,200 | $431,200 | $431,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
| Monthly Tax Payment | $190 | $190 | $190 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,482 | $2,761 | $3,581 |
| Total Monthly Payment | $2,764 | $3,043 | $3,863 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388